Restaurant for Sale in Downtown Delray Beach

Delray Beach, FL
Palm Beach County

Downtown Delray beach


Asking Price: Annual Revenue:
$295,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant for Sale in Downtown Delray Beach Broker: Ken Eisenband

Quick Facts

Asking Price: $295,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 5
BBN Listing #: 61228096
Broker Reference #: 7949

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Business Overview:

Delray Beach Italian Restaurant for Sale has great location and BELOW MARKET RENT. Keep current concept or convert to your concept.

LOCATION, LOCATION, LOCATION - the three most important ingredients to success. This Delray Beach Restaurant for Sale is located in the trendy downtown area that is home to hotels, retail boutiques, restaurants and lounges. As a destination area for both locals and tourists this area is busy 12 months a year. Downtown Delray Beach hosts festivals, tennis tournaments, Bicycle races, and art fairs throughout the year. This is an A+ location at below market rent that is beautifully built out and ready for your concept.

This Restaurant for Sale presented by We Sell Restaurants occupies approximately 1,200 square feet, with 900 under air and another 300 as on outdoor patio. 50 guests can be accommodated indoors while another 30 guests can dine outdoors. Parking will never be a problem as plenty of street parking is available. Many of your customers will also enjoy walking along the street to gaze at the art in the local galleries or shop in the local retail boutiques. A very large and popular hotel is also within walking distance. The below market rent of $2,531.41 per month includes all CAMS, taxes, and water.

The commercial kitchen in this Restaurant for Sale is fully equipped and ready for any concept. Click on the link below to view the 10-foot exhaust hood, six eye burner with oven, four burner with oven, table top fryer, microwave, three door sandwich cooler, stand-up freezer, ice machine, and much more. Room is available just outside back door to put in walk-in freezer and coolers if desired.

The front of house is spectacular. Everything you see will be included in the transfer of sale. The front of house has tables, chairs, bench seating, beautiful artwork, display storage for wine. The outdoor patio is popular and has seating for up to 30 guests. The restaurant for sale has a 2COP license. The restaurant has a wine display for hundreds of bottles of wine. Behind the counter is a three door under counter refrigeration unit. The light fixtures in this restaurant for sale are stunning as is the wall décor.

The current concept is upscale Italian cuisine. The menu and recipes of this restaurant for sale will transfer with sale of the business, but the concept can easily be changed. The area is casual, but upscale. The current hours of operations are Monday-Sunday from 12pm – 10pm. The days and hours of operations can easily be expanded to satisfy your customer base.

This restaurant for sale in trendy downtown Delray Beach has a very private owner. He will discuss financials with serious buyers only. A due diligence period to observe the business will be provided to prove all claims. The transfer of the lease in place has tremendous value. The lease is well below market rent for this A+ location. SBA or seller financing is not available. We Sell Restaurants has third party lenders for unsecure loans to purchase a business such as this. These loans are for $20,000 - $200,000, but are only available to those with FICO score of more than 680 and a low debt to credit limit ratio,

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

24 Indoor Chairs Bench Seating 8 Tables 6 Outdoor Tables Outdoor Bench Seating 6 Outdoor Tables 18 Outdoor Chairs 2 Umbrellas Chalkboard Sign Wine Storage Pooinh Burner Burner Low Boy Glass Door Cooler 2 High chairs Three Compartment Sink 4 eye burner with stove 6 eye burner with stove table top fryer Three Door Sandwich Cooler Slicer Blender Three door low boy cooler Microwave Standup fryer single door 2 small ice machines 2 prep tables Assorted pots pans utensils

Market Competition and Expansion:

The popularity of DOWNTOWN DELRAY BEACH continue to grow, This is the area to be in South Florida Located just off the "Avenue" in downtown Delray Beach, no one can come close to the rent deal that is in place.

Reason for Selling:

Other

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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